In 2023, according to the Portland Press Herald, mobile home tax assessments increased by 90% in Brunswick, Maine. Some of the cause of growth in assessment value is purported to be due to population pressures in the region.
On the tail of the COVID-19 pandemic, certain populations moved from the large urban centers in the Northeast to more rural northeast states like Maine. As a result, places like Brunswick, part of Cumberland County, experienced more population growth than it had in years. In addition, these new residents had been earning urban salaries and this, plus the competition for limited housing stock, has been theorized to have driven home valuations up. This presentation explores whether population pressures have a similar impact on mobile home valuations.